Zacks: Brokerages Expect Endurance International Group Holdings Inc (EIGI) Will Post Quarterly Sales of $289.69 Million
Wall Street brokerages expect Endurance International Group Holdings Inc (NASDAQ:EIGI) to report sales of $289.69 million for the current quarter, Zacks reports. Four analysts have provided estimates for Endurance International Group’s earnings, with estimates ranging from $289.00 million to $290.42 million. Endurance International Group posted sales of $292.12 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.8%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Tuesday, February 13th.
On average, analysts expect that Endurance International Group will report full-year sales of $289.69 million for the current year. For the next financial year, analysts expect that the company will post sales of $1.17 billion per share, with estimates ranging from $1.16 billion to $1.18 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Endurance International Group.
Endurance International Group (NASDAQ:EIGI) last announced its earnings results on Tuesday, October 31st. The software maker reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.13). Endurance International Group had a negative return on equity of 161.36% and a negative net margin of 12.74%. The business had revenue of $295.20 million during the quarter, compared to analysts’ expectations of $290.45 million. During the same quarter in the previous year, the firm earned ($0.24) EPS. Endurance International Group’s quarterly revenue was up 1.4% on a year-over-year basis.
A number of institutional investors have recently bought and sold shares of EIGI. Jane Street Group LLC purchased a new position in Endurance International Group in the third quarter valued at approximately $102,000. Cubist Systematic Strategies LLC lifted its stake in Endurance International Group by 37.4% in the second quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock valued at $157,000 after purchasing an additional 5,111 shares during the last quarter. Voya Investment Management LLC lifted its stake in Endurance International Group by 14.9% in the second quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock valued at $249,000 after purchasing an additional 3,877 shares during the last quarter. Aperio Group LLC lifted its stake in Endurance International Group by 46.6% in the fourth quarter. Aperio Group LLC now owns 30,759 shares of the software maker’s stock valued at $258,000 after purchasing an additional 9,775 shares during the last quarter. Finally, Kazazian Asset Management LLC purchased a new position in Endurance International Group in the second quarter valued at approximately $316,000. Institutional investors and hedge funds own 86.41% of the company’s stock.
Shares of Endurance International Group (NASDAQ:EIGI) traded down $0.37 during midday trading on Tuesday, hitting $7.90. The stock had a trading volume of 252,330 shares, compared to its average volume of 271,980. Endurance International Group has a 12-month low of $6.20 and a 12-month high of $9.85. The stock has a market cap of $1,190.98 and a P/E ratio of -7.18. The company has a debt-to-equity ratio of 31.15, a current ratio of 0.33 and a quick ratio of 0.33.
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About Endurance International Group
Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.
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